But most people don't mind seeing resource rents, value that no one added, taxed away. (carbontax.org)
Since 2012 the federal Petroleum Resource Rent Tax (PRRT) also applies to both onshore and offshore gas (and oil), but it is set up as a tax on profits after all the exploration and extraction costs have been recouped. (cedamia.org)
A hundred years ago the classical policy for economic growth was to reduce — and ultimately tax away — the land rent and natural resource rent hitherto paid to landlords and mine owners. (michael-hudson.com)